98.7 per cent acceptance for Atle offer

2001-05-16

98.7 per cent acceptance for the offerThe extended acceptance period for the offer to the shareholders in Atle AB ended 11 May 2001. Shareholders, holding 98.7 per cent of the share capital and votes in Atle have accepted the offer. Settlement for the extended period takes place on or about 18 May.

Offer for the remaining shares during the compulsory acquisition periodWoodrose Invest offers shareholders, who have not accepted the offer, a final redemption price of SEK 147 per share for the remaining Atle shares during the compulsory acquisition period. Shareholders who have directly registered Atle shares can accept the offer by sending the acceptance form, that was sent out in May, to Nordea Securities, Emissioner E 15, Engelbrektsplan 1, 114 98 Stockholm. For acceptance forms, please call Nordea Securities on + 46 8 407 90 00. Nominee-registered shareholders can accept the offer according to instructions provided by nominee.

Compulsory acquisitionThe Atle share was delisted from Stockholmbörsen on 14 May 2001. The compulsory acquisition procedure for the remaining Atle shares has commenced.